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Infibeam Closes INR 700 Cr Rights Issue With 1.4X Oversubscription

India, July 15 -- Fintech company Infibeam Avenues has closed its INR 700 Cr rights issue with an oversubscription of 1.4X. The issue was structured as a 67:267 rights issue, which means existing shar... Read More


Beyond The Top Apps: Will MDR On UPI Lift CRED, Navi, Groww And Others?

India, July 15 -- Will the MDR tide lift all UPI apps? That's the big question as we enter the critical phase of discussions and consultations around monetisation of UPI payments in India. The absenc... Read More


Will UPI Underdogs CRED, Navi, Groww And Others Actually See The MDR Boost?

India, July 15 -- Will the MDR tide lift all UPI apps? That's the big question as we enter the critical phase of discussions and consultations around monetisation of UPI payments in India. The absenc... Read More


AI Content Creation Platform Trupeer Bags $3 Mn

India, July 15 -- AI-based content creation platform Trupeer.AI has secured $3 Mn (INR 25.8 Cr) in a seed funding round led by RTP Global, with participation from Salesforce Ventures and a clutch ofun... Read More


Tesla Drives Into India With Pricey Model Y

India, July 15 -- After four long years of wait, EV giant Tesla has officially launched in India. The Elon Musk-led company has driven into the Indian roads via its electric midsize SUV Tesla Model Y.... Read More


Andhra Eyes INR 25,000 Cr Investment Under Space Policy 4.0

India, July 15 -- The Andhra Pradesh government has approved the space policy 4.0 aiming to attract foreign and domestic investments of INR 25,000 Cr (around $3 Bn) in the next 10 years. The new spac... Read More


Inc42 And Galgotias Host CampusX To Help Student Founders Shape Their Dreams

India, July 15 -- Entrepreneurship is no longer just another career option, it has transcended to be a mindset, and the startup ecosystem has thrown open the perfect launchpad for India's next-gen ent... Read More


Cryptocurrency Can Make Recognised Money Untraceable: Delhi HC

India, July 15 -- In a scathing indictment of cryptocurrencies, the Delhi High Court (HC) observed that dealing in such virtual digital assets can lead to the "dissolution" of recognised money into "d... Read More


WeWork India Gets SEBI Nod For IPO

India, July 15 -- Coworking space giant WeWork India Management has secured approval from the capital markets regulator SEBI to launch its market debut. WeWork's initial public offering (IPO) will co... Read More


Blinkit Plans Pivot To Inventory-Led Model From September: Report

India, July 14 -- Eternal's quick commerce arm Blinkit is reportedly switching to an inventory-led model from September 1. Following the move, the company will purchase goods directly from sellers, ra... Read More